We believe good ideas should not be complicated to explain, so the following information contains the basics to help everyone understand how the project works and what we're looking to achieve. For the more "dry details", refer to the Github and the appendix.
This paper details the vision, technology and value proposition of Rentible.io, a next-generation decentralised ecosystem for the massive mid-to-long-term property rentals industry valued at $3.2 trillion, and its platform’s native utility token - RNB.
A groundbreaking solution enabling tenants and landlords to send and receive rent payments in cryptocurrency conveniently, securely and privately, while streamlining market verticals across the board.
Rentible is all about advancing the mass move towards a decentralized proptech-economy. It is set to achieve its goals by crypto-incentivization, a mass-adoption-ready intuitive platform, employment of DeFi principles with trustless smart contracts for generating unprecedented value for participants and remedying outdated problems that are currently rife in the market.
Our vision for an autonomous, transparent, user-friendly platform that will inject the industry-disruptive capabilities of blockchain technology into Proptech, from applying immutable records of property deeds and fraud prevention, through staking pools enabling participants to draw loans for short-term rental payments, and to making sending and receiving rent payments and deposits in cryptocurrency between tenants and landlords as easy as a click of a button are explained in this document, detailing the following:
The ecosystem: automating processes and services across a decentralized ecosystem
The technology: how blockchain technology can be best implemented & utilized in this sector of the industry
The market: the scope, the need, the possibilities and the unique opportunity